2007 Snapshot Of Annual Sales Data
Condominium Sales - Central Greenwich

ALL Condominium Sales - Within The 06830 Zip Code - Central Greenwich

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Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market	Sale Price/ List Price %
2004	103	$891,152	$675,000	$184,000	$3,100,000	93 days	97.5%
2005	108	$1,002,989	$803,000	$244,000	$4,400,000	130 days	97.6%
2006	109	$1,106,743	$760,000	$190,000	$4,870,000	181 days	96.8%
2007	80	$1,422,291	$927,500	$345,000	$5,010,000	120 days	95.0%

NOTES:

1. Average time on the market was 4 months (120 days)
2. 80 transactions is a pace of over 6.5 sales per month.
3. The sale price/list price ratio was 95% which means that most homes are selling within 5% of their asking prices.

Special Note: When considering averages, it is important to keep in mind that, statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable.

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© Copyright 2007 William Boeckelman Publications